2023 JOD to KZT Historical Review

YEARLY HIGH

676.4659 KZT

YEARLY LOW

607.8550 KZT

YEARLY AVERAGE

643.5692 KZT

2023 JOD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 676.4659. Conversely, the yearly low was recorded on March 5, dropping to 607.8550.

This high-to-low spread represents a total annual volatility of 68.6110 KZT. From a start-to-finish perspective, comparing the January average rate of 652.0304 to the December average rate of 647.2286, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 676.4659 was down 8.51% compared to the 2022 peak of 739.3628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 3,382,330 KZT

2022 Average 3,255,592 KZT

Yearly Trough Low 3,039,275 KZT

Transaction Impact: A difference of 343,054.80 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

675.9449

623.2045

JanuMarcMayJulySeptNove

JOD to KZT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 637.0301, compared to 650.1084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0784 points.

H1 Avg (Jan–Jun) 637.0301

H2 Avg (Jul–Dec) 650.1084

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 47.2264 KZT (High: 655.0814 / Low: 607.8550). On the other end, January was the most stable month, with a tight range of 8.0202 KZT (High: 656.1060 / Low: 648.0858).

March Spread (Volatile) ±47.2264

January Spread (Stable) ±8.0202

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 18.5937 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -18.5937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 671.5499) against the same month in 2022 (average: 666.2233), the exchange rate shifted by +5.3266 (+0.80%).

2023 Avg (October) 671.5499

2022 Avg (October) 666.2233

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	656.1060	648.0858	652.0304
February	651.6883	626.2658	636.3768
March	655.0814	607.8550	636.0148
April	645.2802	624.3437	636.5943
May	635.6804	623.1150	628.7966
June	640.4532	625.9704	632.3674
July	636.4421	623.4529	627.5995
August	657.1233	625.0220	640.0608
September	676.1874	646.2411	661.2557
October	676.4659	661.0925	671.5499
November	662.3080	644.7668	652.9562
December	651.7691	642.8005	647.2286